Buyers and Purchasing Agent Salary in Sector of Finance and Insurance

The salary statistics of buyers and purchasing agents in the industry sector of finance and insurance are shown in Table 1. In Table 2 we compare buyers and purchasing agent salaries in different industries within the finance and insurance sector.

Average Annual Salary of Buyers and Purchasing Agents

Percentile BracketAverage Annual Salary
10th Percentile Wage
$43,140
25th Percentile Wage
$55,460
50th Percentile Wage
$73,520
75th Percentile Wage
$96,230
90th Percentile Wage
$121,500

Table 1 shows the average annual salary for buyers and purchasing agents in the industry sector of finance and insurance. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) buyers and purchasing agents is $121,500. The median annual salary (50th percentile) is $73,520. The average annual salary for the bottom 10 percent paid buyers and purchasing agents is $43,140.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of buyers and purchasing agents in the industry sector of finance and insurance from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$73,520
4.34% 13.22%
2016
$70,330
5.62% -
2015
$66,380
3.37% -
2014
$64,140
-0.03% -
2013
$64,160
0.56% -
2012
$63,800
- -

Compare Buyers and Purchasing Agent Salary in Different Industries within the Finance and Insurance Sector

The average salaries of buyers and purchasing agents in 20 industries in the finance and insurance sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for buyers and purchasing agent occupations is the monetary authorities-central bank industry with an annual salary $86,810. The lowest paying industry is the securities and commodity contracts intermediation and brokerage industry (annual salary $57,970). For detailed buyers and purchasing agent salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Monetary Authorities-Central Bank
$86,810
Monetary Authorities-Central Bank
$86,810
Insurance Agencies and Brokerages
$79,790
Direct Insurance (except Life, Health, and Medical) Carriers
$75,810
Credit Intermediation and Related Activities
$74,300
Insurance Carriers
$74,040
Insurance Carriers and Related Activities
$73,920
Credit Intermediation and Related Activities
$73,270
Other Financial Investment Activities
$73,090
Agencies, Brokerages, and Other Insurance Related Activities
$72,970
Depository Credit Intermediation
$72,030
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
$71,450
Nondepository Credit Intermediation
$70,700
Direct Health and Medical Insurance Carriers
$70,540
Activities Related to Credit Intermediation
$69,870
Other Insurance Related Activities
$67,440
Other Nondepository Credit Intermediation
$67,210
Insurance and Employee Benefit Funds
$65,950
Funds, Trusts, and Other Financial Vehicles
$62,760
Securities and Commodity Contracts Intermediation and Brokerage
$57,970

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2017 and published in April 2018 [1].




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Highest paying industries for buyers and purchasing agents.